09:05 AM EDT, 08/30/2024 (MT Newswires) -- Technology stocks were advancing premarket Friday with the Technology Select Sector SPDR Fund ( XLK ) up 0.8% and the SPDR S&P Semiconductor ETF ( XSD ) 1.5% higher recently.

MongoDB ( MDB ) shares advanced by over 17% after it raised its fiscal 2025 outlook for non-GAAP EPS and revenue.

Dell Technologies ( DELL ) shares were over 5% higher after it raised its fiscal 2025 guidance following its release of fiscal Q2 results that topped Street expectations.

Autodesk ( ADSK ) shares were up over 4% after it reported higher fiscal Q2 non-GAAP earnings and revenue. The company also raised its fiscal 2025 guidance for non-GAAP EPS and revenue.